THE PINES, BERRY LANE, CHORLEYWOOD, RICKMANSWORTH, WD3 5EY - £1,330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE PINES is a midsized detached house of 186m², built sometime between 1976 and 1982, which could now be worth an estimated £1,419,480. It was last sold for £1,330,000 in July 2017, which was around 26% above the average July 2017 detached price in the Three Rivers local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three THE PINES sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 10 JUL	£1,330,000	£1,055,020	26% above HPI
2014 16 JUL	£880,000	£794,139	11% above HPI
2001 5 JUN	£595,000	£392,195	52% above HPI

THE PINES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The three THE PINES sales between June 2001 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might THE PINES be worth now?

THE PINES might now be worth an estimated £1,419,480.

This is based on house price inflation of 6.7%, between July 2017 and February 2025, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for THE PINES of £1,330,000 on 10th July 2017. For the value to have increased from £1,330,000 to £1,419,480 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of THE PINES has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The July 2017 sale price of £1,330,000 represented a fair market value for the property.
• The size, condition, and specification of THE PINES has not materially changed since July 2017.

How Large is THE PINES?

THE PINES is 186m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorleywood, and where THE PINES lies on this distribution: 48% of detached houses houses are smaller than THE PINES, and 51% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of THE PINES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE PINES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE PINES?

THE PINES is located on BERRY LANE in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of THE PINES on BERRY LANE.